Manchin's Indecision on Biden's Fed Picks Delays Confirmation of Jefferson as Vice Chair

Senator Joe Manchin is still undecided on whether to support Federal Reserve nominees Lisa Cook and Adriana Kugler, adding uncertainty to the upcoming vote. Senate Democrats need at least one Republican vote to advance the nominations due to two absences. Senator Mike Rounds has confirmed his support, but Manchin's decision remains crucial. The Senate is scheduled to vote on extending Cook's term and a procedural vote for Kugler's Fed board seat. Senate Banking Chair Sherrod Brown believes he has the votes to confirm the nominees.